Marcum Cronus Partners LLC is pleased to announce the success of our fifth Aerospace and Defense Breakfast Forum. The event, one in a series of events covering the sector, was held today at the Hartford Club in Hartford, Connecticut on International Opportunities: Global Partnerships and Offshore Operations. The forum attracted a wide audience of aerospace and defense companies, as well as firms in the banking and legal community affiliated with the industry.
Marcum Cronus Partners Managing Director Jeffrey S. Rubin and Senior Advisor Joseph H. Lubenstein presented snapshots of the financial markets and A&D sector performance, respectively. Robert K. Quinn, Director, Partnership Programs, Pratt & Whitney, spoke on Enhancing Market Participation through Global Partnerships, and David A. Rugaber, Executive Vice President, Sales and Marketing, Oberg Industries, spoke on the Opportunities and Challenges of Offshore Operations.
Robert K. Quinn, Pratt & Whitney
Bob Quinn is the Director, Partnership Programs at Pratt & Whitney (www.prattandwhitney.com). In 2010 and 2011, Mr. Quinn and his organization established the large scale collaboration with MTU and JAEC for the PW1100G-JM engine for the A320neo family of aircraft. In 2008 and 2009, he was instrumental in securing the company’s current PurePower 1000G partners/suppliers including MTU, Volvo, MHI, Mitsubishi Corporation, SIA Engineering Company, IHI Corporation, Techspace Aero, and Goodrich Aerostructures. In 2007, he led the sales and marketing effort for the Mitsubishi Regional Jet program.
Mr. Quinn began his professional career with AlliedSignal Inc. (now Honeywell International), concluding as the Director, Business Management, Strategic Planning & New Business Development (including Partnerships). During his time at Honeywell, he served as the head of the Program Directors Group for the IHPTET Fiber Development Consortium, an organization that then included the seven U.S. Gas Turbine Engine Companies. Following Honeywell, Mr. Quinn joined Samsung Aerospace (now Samsung Techwin) as Director, Contracts and Business Development working on the creation of Sermatech Korea, Ltd., a joint company between Sermatech and Samsung specializing in “special processes”. While at Samsung, he was responsible for the negotiation of major purchase, sales, and license agreements with international companies such as Pratt & Whitney, General Electric, Rolls Royce, Honeywell, Snecma, and MTU.
David A. Rugaber, Oberg Industries
Dave Rugaber is Executive Vice President, Sales and Marketing at Oberg Industries (www.oberg.com). Oberg is a diversified manufacturer with over 700 employees worldwide specializing in the production of precision machined or stamped metal components. Its global manufacturing footprint includes operations in Pennsylvania, Costa Rica, and Mexico. The company is a strategic supplier for numerous Fortune 500 companies in the Aerospace, Automotive, Consumer, Defense, Energy, Medical, and Packaging markets.
Mr. Rugaber has been involved with Oberg’s Costa Rica operation for the nine years it has owned the facility. He was part of the due diligence evaluation team when the Costa Rica plant was purchased and had direct management responsibility for the plant for four years. Today, Mr. Rugaber manages many of the product lines produced in Costa Rica and is responsible for the strategic direction and quality control functions of the plant. Previously he has been Oberg’s Executive Vice President of Marketing and Planning, Vice President and General Manager of Manufacturing Operations, and Vice President of Sales, helping to establish and implement the strategic direction of the company. Prior to Oberg, Mr. Rugaber was President of AGR International, a company providing inspection and quality control equipment to the glass and plastics packaging industry worldwide. During his tenure, he expanded the business internationally.
About Marcum Cronus Partners
Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Marcum Cronus Partners is an investment bank firm that provides financial advisory and investment banking services. The clients of the firm are publicly traded or privately owned companies that engage in middle-market transactions domestically or internationally. Marcum Cronus services are distinguished by a disciplined evaluation of client objectives and competencies and a commitment to the successful execution of strategic corporate transactions. A member of the Marcum Group, the firm is an affiliate of Marcum LLP, one of the largest independent public accounting and advisory services firms in the U.S. (with 23 offices and more than 1,100 professionals).
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